$395,000
$499,000
20.8%For more information regarding the value of a property, please contact us for a free consultation.
2800 E 5th ST Panama City, FL 32401
1.88 Acres Lot
Key Details
Sold Price $395,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision [No Recorded Subdiv]
MLS Listing ID 742238
Sold Date 05/31/24
Construction Status Under Construction
HOA Y/N No
Year Built 1971
Lot Size 1.880 Acres
Acres 1.88
Property Description
Substantial price reduction for 'As Is' sale. Commercial development opportunity in Panama City, Florida. Property consists of 1.889 acres with approximately 200 feet of frontage on US Business HWY 98. Sale includes building shell ''As Is'' which is approximately 18,000 square feet, concrete wall construction with cement re-enforcement, and possible 12 feet clear ceiling height. (Building currently does not have a roof). The building shell and large parking area offers ample space for various development ventures. The building's expansive dimensions of 120' x 150' provide abundant room for many uses, allowing you to design the space according to your specific needs. Property is zoned General Commercial 2, Panama City. Please consult Gateway Overlay District Standards for specific use requirements).The Seller, a licensed Florida general contractor, offers you the unique option to purchase the building ''As Is'' or customize it to your exact specifications for additional costs. In addition to the purchase option, the Seller will consider a lease opportunity at $8.00 NNN delivered with a standard vanilla shell. For tenants seeking a turnkey solution, the Seller is also willing to discuss finish-to-suit options. Don't miss out on this exceptional commercial development opportunity in Panama City, Florida. Whether you're an investor, entrepreneur, or established business, the possibilities are endless. Disclaimer: The information provided is based on public data and is subject to change. Buyers and tenants are advised to conduct their own due diligence and verify all details independently.
Location
State FL
County Bay
Area 02 - Bay County - Central
Interior
Fireplace No
Exterior
Waterfront No
Building
Story 1
Entry Level One
Level or Stories One
Construction Status Under Construction
Schools
Elementary Schools Cherry Street
Middle Schools Everitt
High Schools Rutherford
Others
Tax ID 23290-000-000
Financing Cash
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